Market Commentary

• Indian equities ended lower on Thursday as losses in auto stocks dragged down the Sensex and Nifty 50. • The Sensex fell 571 points and the Nifty slipped 0.88% while the rupee hit a two-month low against the dollar.

• U.S. stocks ended mixed and European equities fell broadly during the trading session on Wednesday, October 1, 2026. • Euro area inflation data for September rose unexpectedly, with Italy reporting 4.1%, France 3.4%, and Germany 3.3% year-over-year.

• The BSE Sensex and Nifty indices fell sharply on Thursday, with the Sensex hitting a new calendar year low. • The Sensex crashed 1,045 points during intraday trading, dropping from a high of 72,573 to a low of 71,528.

• The local benchmark index rose on August 14, 2025, following positive U.S. inflation data and expectations of a Federal Reserve interest rate cut. • TA Research maintained a Buy rating for KIP REIT with a revised target price of RM1.18 following the company's RM435 million acquisition of KIPMall Setapak.

• The Singapore Exchange (SGX) and the Vietnam Exchange are working together to increase cross-border investment opportunities between their two markets. • The partnership focuses on enhancing the ability of investors to trade securities across the two regions.

• Indian equity markets fell on Thursday, extending their longest losing streak in years due to global and domestic concerns. • The Sensex dropped 570.59 points, or 0.79 percent, to close at 71,909.70, while the Nifty fell 198.50 points to 22,421.95.

• Most Asian stock markets trended positive today, though markets in China and Hong Kong remained closed for a holiday. • India's Sensex index declined by 0.2 percent to reach the 72,314 point level.

• S&P Global and Crisil reported on Wednesday that foreign capital inflows into India decreased during the 2025-26 fiscal year despite strong economic growth. • Net foreign portfolio inflows dropped by 16.6 percent, while net foreign direct investment stood at $7.8 billion compared to gross inflows of $94.5 billion.

• India's factory growth reached a seven-month high recently due to a surge in demand, according to the latest Purchasing Managers' Index (PMI) data. • The PMI report indicates that manufacturing activity expanded more rapidly than in the previous six months.

• Asian stock markets declined following a volatile period of trading in September. • Gold prices remained steady after experiencing a 6% slide throughout September.

• Recent US inflation data and second-quarter GDP reports have increased the likelihood that the Federal Reserve will avoid raising interest rates in October. • Market traders now estimate a 35% chance of a rate hike, a decrease from the 45% probability seen after pressure from the White House.